1. Fixed Assets Implementation Guide
  2. Method 13, MACRS Alternative Depreciation

Method 13, MACRS Alternative Depreciation

You can use the MACRS alternative depreciation method for these categories of property:

  • Tangible property used outside the U.S.

  • Property that is tax exempt.

  • Property that is tax exempt and bond financed.

  • Property that is imported from a foreign country for which an executive order is in effect because the country maintains trade restrictions or engages in other discriminatory acts.

  • Property for which you have made an alternative MACRS election.

If you use the MACRS Alternative depreciation method, you must indicate the inception-to-date (I), current period (P), or remaining life (R) method of computation. You must also indicate a mid-month, half-year, or mid-quarter convention.